MISSISSIPPI

PotlatchDeltic Board Declares Distribution on Common Stock

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목요일, 5월 9, 2024

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable June 28, 2024 to stockholders of record on June 7, 2024.

Key Points: 

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable June 28, 2024 to stockholders of record on June 7, 2024.

CleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 Million

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목요일, 5월 9, 2024

LAS VEGAS, May 9, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million. The agreement is anticipated to close in 45 days and the sites are expected to add over four exahashes per second (EH/s) once fully operational. The company plans to break ground on the new facilities shortly after closing.

Key Points: 
  • LAS VEGAS, May 9, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today announced it has entered into definitive agreements to acquire two bitcoin mining locations in Wyoming, with 75 MW of available power, for a cash payment of $18.75 million.
  • CleanSpark owns and operates eight different data centers across the American south, with nearly 400 MW currently under management.
  • The Company previously announced the purchase of three bitcoin mining sites in Mississippi with a hashrate of 2.4 EH/s.
  • CleanSpark has one of the largest owned-and-operated bitcoin mining fleets in North America.

Melting Pot Targets Wichita as the Next Development Market in Its Aggressive Growth Plan

Retrieved on: 
목요일, 5월 9, 2024

WICHITA, Kan., May 9, 2024 /PRNewswire-PRWeb/ -- After an impressive year of unit-level sales growth and system-wide remodeling efforts, Melting Pot, the 92-unit fondue franchise, has identified Wichita as its next target market for franchise growth, citing incredible consumer demand in the area. With capacity for two restaurants in Kansas, the team is targeting Old Town and Southwest Wichita for a new Wichita Melting Pot.

Key Points: 
  • WICHITA, Kan., May 9, 2024 /PRNewswire-PRWeb/ -- After an impressive year of unit-level sales growth and system-wide remodeling efforts, Melting Pot, the 92-unit fondue franchise, has identified Wichita as its next target market for franchise growth, citing incredible consumer demand in the area.
  • With capacity for two restaurants in Kansas, the team is targeting Old Town and Southwest Wichita for a new Wichita Melting Pot.
  • The opportunity to bring the city its first Melting Pot is a huge success plan in our eyes."
  • What happens in a Melting Pot is as much about what's going on around that fondue pot as what's in that pot."

Honor Society® Sues Phi Theta Kappa Over Deceptive Practices and Attempted Monopoly

Retrieved on: 
목요일, 5월 9, 2024

Filed in the Southern District of Mississippi, the suit alleges that PTK's practices deceive students, educational institutions, and employers.

Key Points: 
  • Filed in the Southern District of Mississippi, the suit alleges that PTK's practices deceive students, educational institutions, and employers.
  • Furthermore, Phi Theta Kappa allegedly advertises that its "average member gets $2,500 a year" in transfer scholarships, which is false.
  • Mikal Calvert, marketing director of Honor Society®, states, "Phi Theta Kappa's actions have unfairly restricted the choices for honor society memberships in community colleges, misleading countless students.
  • "We encourage anyone who believes they have been misled by Phi Theta Kappa to contact their state attorney general's office or the Better Business Bureau ."

CleanSpark Reports Second Quarter FY2024 Financial Results

Retrieved on: 
목요일, 5월 9, 2024

LAS VEGAS, May 9, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024. The Company will hold its earnings call today at 1:30 p.m. PT / 4:30 p.m. ET.

Key Points: 
  • FY2024 Second Quarter Revenue of $111.8 million, net income of $126.7 million and Adjusted EBITDA of $181.8 million
    LAS VEGAS, May 9, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner™, today reported financial results for the three months ended March 31, 2024.
  • "The second quarter was record breaking and historic for CleanSpark, as we recognized approximately $112 million of revenue," said Gary A. Vecchiarelli, CFO.
  • "Our margins have also increased over the preceding first quarter which were helped by the rise in bitcoin prices and expanded margins.
  • Financial Results for the Three Months Ended March 31, 2024
    The Company increased its quarterly revenues to $111.8 million, an increase of $69.3 million, or 163% from $42.5 million for the same prior year period.

Local Bounti Announces First Quarter 2024 Financial Results

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목요일, 5월 9, 2024

Sales increased 25% to $8.4 million in the first quarter of 2024, as compared to $6.7 million in the prior year period.

Key Points: 
  • Sales increased 25% to $8.4 million in the first quarter of 2024, as compared to $6.7 million in the prior year period.
  • The Company expects to receive those results later in the second quarter of 2024.
  • In February 2024, the United States Patent and Trademark Office issued a patent to Local Bounti for its proprietary Stack & Flow Technology.
  • In the second quarter of 2024, Local Bounti expects to close on its four previously disclosed Conditional Commitment Letters ("CCLs") from a commercial finance lender that were executed in the second half of 2023.

PlasCred Circular Innovations Inc. Announces 2023 Year End Results

Retrieved on: 
화요일, 5월 7, 2024

PlasCred Advancing Sustainability, Forging Transformative Partnerships, and the Successful R&D of the Patent-Pending Primus Facility

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - PlasCred Circular Innovations Inc. (CSE: PLAS) (FSE: XV2) (the "Company" or "PlasCred"), a transformative leader in the plastic waste upcycling sector, is pleased to release financial and operating results for the year end of 2023.
  • "As we reflect on 2023, PlasCred has not only fortified its operational capabilities and partnerships but has also made significant strides in sustainability.
  • We are setting new standards for environmental stewardship and innovation, poised to lead the circular economy into the future," states Troy Lupul, President & CEO.
  • Patent Pending PlasCred Primus Operations: The commissioning of the patent-pending Primus pilot facility in May 2023 is a significant landmark for PlasCred.

WNC & Associates Closes $302 Million Affordable Housing Fund Across 16 States

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목요일, 5월 9, 2024

IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states.

Key Points: 
  • IRVINE, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry, has closed WNC Institutional Tax Credit Fund 56, L.P. (Fund 56) which includes 24 multi-family properties across 16 states.
  • Fund 56, a $302 million equity fund that closed in April 2024, is WNC’s largest multi-investor fund to date.
  • “The closing of Fund 56, our biggest Fund to date, is a testament to the incredible developer and investor partnerships that we have fostered at WNC, and we are thankful for these relationships that will bring nearly 2,400 affordable housing units in 16 states to fruition,” said Anand Kannan, President of WNC.
  • Investments in affordable housing through Fund 56 encompassed a mix of 10 new construction properties and 14 preservations, including three rehabilitations of historic properties.

U.S. Department of Commerce Approves Mullen’s Tunica, Miss., Facility as Foreign Trade Zone

Retrieved on: 
목요일, 5월 9, 2024

A copy of Mullen’s FTZ approval can be found here .

Key Points: 
  • A copy of Mullen’s FTZ approval can be found here .
  • With FTZ approval, the Company now qualifies for a variety of benefits, including deferment of payments on duties related to import fees.
  • For domestic U.S. sales, the Company is now able to match import duty payment to when vehicles are shipped from the zone.
  • “Foreign Trade Zone approval for our Tunica facility is a significant milestone for us, further strengthening our manufacturing position while delivering a competitive advantage and cash flow saving opportunities,” said David Michery, CEO and chairman of Mullen Automotive.

Key Tronic Corporation Announces Results For the Third Quarter of Fiscal Year 2024

Retrieved on: 
화요일, 5월 7, 2024

SPOKANE VALLEY, Wash., May 07, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended March 30, 2024.

Key Points: 
  • SPOKANE VALLEY, Wash., May 07, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended March 30, 2024.
  • For the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.
  • For the first nine months of fiscal year 2024, total revenue was $433.7 million, compared to $425.5 million in the same period of fiscal year 2023.
  • Key Tronic will host a conference call to discuss its financial results at 2:00 PM Pacific (5:00 PM Eastern) today.